New Mexico Administrative Code
Title 3 - TAXATION
Chapter 2 - GROSS RECEIPTS TAXES
Part 239 - DEDUCTION - GROSS RECEIPTS TAX - FUNDRAISING
Section 3.2.239.9 - RECEIPTS NOT ELIGIBLE FOR DEDUCTION
Universal Citation: 3 NM Admin Code 3.2.239.9
Current through Register Vol. 35, No. 18, September 24, 2024
The deduction provided by Section 7-9-85 NMSA 1978 does not apply to the receipts from more than two (2) fundraising events during any calendar year.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
